COE prices end mostly lower as coronavirus outbreak dampens demand

Singapore

CERTIFICATE of entitlement (COE) premiums ended mostly lower at the latest tender on Wednesday as the coronavirus crisis dampened but did not extinguish demand for cars.

The COE price for cars up to 1,600cc and 130bhp finished at S$31,210, down from S$32,699 at the previous tender two weeks ago. The COE premium for cars above 1,600cc or 130bhp closed at S$30,012, down from S$32,801.